According to Bloomberg, a study shows that China's cryptocurrency over-the-counter (OTC) brokers are attracting unprecedented capital inflows, reflecting a thirst for alternative investments amid weak performance in the struggling stock and real estate markets.

According to Chainalysis, a blockchain analysis company, the inflow of funds into Chinese cryptocurrency OTC brokers exceeded $20 billion per quarter in the three quarters ending in June, setting a continuous record since 2021. The cumulative total for these nine months reached $75.4 billion.

Although the Chinese government has banned digital asset trading for three years due to risks such as currency outflows and money laundering, these figures demonstrate the country's sustained demand for cryptocurrencies. Off exchange trading (OTC) services provide a covert method for users to exchange Chinese yuan for tokens without trading through publicly listed exchanges. Another hidden option is to allow investors to engage in peer-to-peer trading directly.

Eric Jardine, the head of cybercrime research at Chainalysis, said, "Considering China's regulatory environment, including bans on cryptocurrency trading and mining, these services have invisibly fallen into an economic gray zone." He added that this may be because the Chinese government's enforcement of cryptocurrency bans is not strict.

Chainalysis stated that approximately 55% of the total funds received by Chinese over-the-counter traders come from transfers worth over $1 million. The consulting firm added that it cannot be determined from this data whether these transfers come from wealthy individuals or businesses trading on behalf of small clients.

Jardine said, "Unless China's regulatory situation becomes more favorable for cryptocurrencies, I expect similar services to continue to grow over time

(责任编辑：经济时评)

• ·日本企业预计美国关税将造成 280 亿美元损失
• ·火币全币名
• ·火币网倒闭
• ·10月31日平安恒鑫混合A净值下跌0.02%，今年来累计下跌4.67%
• ·火币网李林
• ·探索欧义交易所，如何使用及下载电脑版
• ·我一直用微信交易转帐为什么没有微粒贷？
• ·10月31日平安安盈灵活配置混合C净值增长0.70%，近3个月累计上涨13.92%
• ·火币网公司的
• ·嘉曼服饰：将进一步提升暇步士品牌定位，继续加大新品投入力度，并寻求合适并购标的进行品牌扩张
• ·为什么向什么道歉-为什么向什么道歉英语
• ·南下资金汹涌流入，第四范式大涨近25%！
• ·Avalanche联合推出1亿美元区块链生态系统Fusion
• ·如何在OKX欧艺交易所注册长呼并开始交易
• ·Bitwise 投資長：那些討厭以太坊的人，最後會發現小丑竟是自己
• ·10月31日永赢优质生活混合A净值下跌1.23%，近1个月累计下跌3.78%